Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...
We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...
WASHINGTON, Dec. 3, 2024—Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest ...
The Awaza Political Declaration outlines a unified vision for enhancing transit connectivity, digital transformation, and climate resilience in LLDCs. Anchored in the Awaza Programme of Action, it ...
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